Topic: Bank or Bitcoin Wallet? - page 48. (Read 230503 times)
I use both, saving bitcoin to sell at highest price and saving fiat currency in the bank to buy bitcoin at lowest price, when the time is right.
Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish.
So this was really the main reason, but i think exchanger sites do this for safety purpose. But there is also no doubt that the chance of being a victim of identity theft is really high
Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish.
So this was really the main reason, but i think exchanger sites do this for safety purpose. But there is also no doubt that the chance of being a victim of identity theft is really high
Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
bitcoin is semi-anonymous as some people like to call it. that being said, you are responsible for the level of anonymity of each of your trasnactions and bitcoin addresses. if you have verified yourself on an exchange with all your personal information, and you buy bitcoin and send it to your bitcoin address, then the exchange in question can link your name to your address. then basically everything that comes in, and goes out, is being watched if they so wish.
Btc wallet is more trustable as it comes with anonymity guarantee and fast service option.
I guess bitcoin wallet because you can trade your money hehe 
No further explanation? If you bring it like that, then there is no difference at all with fiat currencies since you can also trade with that. Also, this has nothing to do with a Bitcoin wallet at all. i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight..Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
Yes if we think of long term then its price will be definitely higher in future and till that point of time I think we should try to collect maximum coins to take benefits in future.
i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight..Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight..Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think.If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best.
banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think.If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best.
banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think.If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best.
i would personally say bitcoin wallet as banks lend your cash out to other people and make a profit and give you a tiny portion of the big amount.
Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
As much as I will agree with you concerning bitcoin regarding bank using your money and giving you a portion but what would you say of wallets where you keep your coins and the value will decrease significantly overnight.. Only good thing is about a bank your money is your insured incase the bank or your card gets robbed.
Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet
Neither banks nor fiat currency will ever disappear in future as they have support from Government and people of the country and may be bitcoin will disappear in future if people stop using it.
banks are not safer options at all, to be honest bitcoin wallets might be even safer if you use it carefully as banks can bankrupt
I will give you a good advice to not let just post thoughts without a valid claims as it may lead you to become a 100% ignorant one.
Your stand can't be applied in all banks and you can have a research on that. Yes it really happens but you just make it generalize.
banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think.If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best.
Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet
Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
Agree with you. At the moment Bitcoin rate is too unstable, but I believe in the future all of us will choose wallet
Both. Use your Bitcoin Wallet for purchases that you can make via the digital currency, and your bank account for the rest.
banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think.If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best.
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